We have not changed, we will not go above 75% LTV on a deal and make sure the borrowers credit is in good shape. we are seeing a lot of borrowers in troulble on other projects and attempting to refinance good ones to save bad ones, which we do not do typically and will probably end up in  a worse position for that borrower

I am attempting my first true BRRR in my area.

Functionally, it operates as a quad.When I attempted to refinance, the appraiser and lender would not proceed because:The property is zoned R-4, andThe previous owner renovated the building without pulling new permits.As a result, the lender will not treat it as a legal 4-unit, and financing has stalled.I’m trying to do this the right way and stay compliant while also unlocking funding.Questions for the group:1) What’s the best way to rectify this—rezoning, variance, special exception, or legal non-conforming use?

HelloI am attempting to sell my investment town home, located in CA, it was previously my primary residence but is now rented out to a tenant who has resided there for four years.

Plus there is typically a 6 month seasoning requirement (if you financed it to buy it)... so you would have to hold it 6 months before attempting that.It doesn't look like a good BRRRR unless you were going to somehow drive further appreciation in that 6 months to increase the value above the $310k.All the best!

When your system automatically logs every attempt, schedules follow-ups, and queues up your next batch of numbers, your team can actually focus on conversion instead of admin work.Your lesson #5 is spot on "every call teaches you something."

Do you see how many phishing attempts we deflect every single day?

This is particularly restrictive when attempting to qualify for larger balance home equity lines of credit of $350-400-500K. 

If the heirs still own it, but probate is done, you can attempt to buy it as a short sale.

I let them know I will also attempt to search but I can't guarantee anything which gives them more encentive to search themselves.